Net financial account in Cayman Islands
Cayman Islands: Net financial account was -840.38 million BoP, current US$ in 2024. ◆ Volatile
Net financial account in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Cayman Islands recorded -840.38 million BoP, current US$ for net financial account in 2024.
That represents a change of down 46.7% on the previous year and down 348.3% over ten years.
Over the whole period, net financial account in Cayman Islands peaked at 398.11 million BoP, current US$ in 2017 and was at its lowest, -1.84 billion BoP, current US$, in 2018.
That places Cayman Islands 124th out of 198 countries with data for 2024, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -462.58 million BoP, current US$ | -1.84 billion BoP, current US$ | 398.11 million BoP, current US$ | 4 |
| 2020s | -882.69 million BoP, current US$ | -1.23 billion BoP, current US$ | -572.86 million BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 121 Malawi -750.50 million BoP, current US$ compare
- 122 Mauritania -795.08 million BoP, current US$ compare
- 123 Bosnia and Herzegovina -830.63 million BoP, current US$ compare
- 125 Niger -842.10 million BoP, current US$ compare
- 126 New Caledonia -860.12 million BoP, current US$ compare
- 127 Angola -902.99 million BoP, current US$ compare
More economy & growth data for Cayman Islands
- GDP deflator 123.6 base year varies by country (2024)
- Agriculture, forestry, and fishing, value added 16.2% (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
- Services, value added 86.5% (2024)
- Inflation, GDP deflator 2.4% (2024)
- Gross value added at basic prices (GVA) 4.96 billion constant LCU (2024)
Frequently asked questions
- What is net financial account in Cayman Islands?
- Net financial account in Cayman Islands was -840.38 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Cayman Islands?
- The highest recorded value was 398.11 million BoP, current US$ in 2017.
- What is the lowest net financial account recorded in Cayman Islands?
- The lowest recorded value was -1.84 billion BoP, current US$ in 2018.
- How does Cayman Islands rank for net financial account?
- Cayman Islands ranks 124th out of 198 countries with data for 2024.
- Is net financial account rising or falling in Cayman Islands?
- Over the last ten years it is down 348.3%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.